Reliance Jio is the fastest-growing IT company in the world: Mukesh Ambani

Reliance Jio has another tag to boast, that of being the 'world's fastest-growing IT company'.

Gadgets Now

December 01, 2016, 15:20 IST

Reliance Jio has another tag to boast, that of being the 'world's fastest-growing IT company'. Reliance Industries Limited’s chairman and managing director Mukesh Ambani while addressing employees and stakeholders of the group said, "Jio has become the fastest-growing technology company in the world." He added that the company has grown faster than Facebook, WhatsApp and Skype in the past three months.

Earlier this week, the company claimed that it has crossed 50 million subscriber base since its launch in early September, ramping up the number in 83 days.

Mukesh claimed that on average, a Jio customer is using 25 times more data than the average Indian broadband user. He also said that Jio has successfully rolled out eKYC across 2 lakh outlets in India, this number is claimed to be almost equal to the number of ATMs in India.

Speaking about new initiatives, Mukesh said that the company is in the process of doubling its network to 4 lakh digitally-enabled outlets by March 2017.

Hitting out at rivals, Mukesh said that in the last three months nearly 900 crore voice calls from Jio to networks of its three largest competitors (Airtel, Vodafone and Idea) were blocked. However, he claimed that in the past few weeks the call block rate has come down from over 90% to nearly 20% (as of yesterday).

He also announced that the company is expanding its 'Get a Jio SIM home-delivered' service to 100 cities across the country by December 31.

Reliance Jio has also expanded its 'Welcome Offer' up to March 31. The company has renamed it to 'Happy New Year' offer. Under it, all existing Jio customers will get extended benefits of 'Jio Happy New Year' offer till March 31 2017 on current SIMs. Under the 'Welcome Offer' all its services, including data browsing are free on its network.

Reliance Jio's 4G-only service's biggest USP is the free voice calling being offered by the company across the country.

Mukesh also congratulated PM Narendra Modi on demonetisation. "I would like to congratulate Prime Minister @narendramodi ji's bold and historic decision to demonetize old currency," said Mukesh.